International Brotherhood Of Electrical Workers
- Assets
- $419.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 13
- Location
- Wisconsin Rapids, WI
- Founding
- 08/1940
- Data as of
- 12/2022
- EIN
- 39-0367728
Organization Overview
International Brotherhood Of Electrical Workers is located in Wisconsin Rapids, WI. The organization was established in 1940. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. As of 12/2022, International Brotherhood Of Electrical Workers employed 13 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Brotherhood Of Electrical Workers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, International Brotherhood Of Electrical Workers generated $137.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $164.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NEGOTIATE CONTRACTS BETWEEN MEMBERS AND EMPLOYERS. PROTECT MEMBERS AGAINST UNFAIR LABOR PRACTICES.
Describe the Organization's Program Activity:
Part 3
NEGOTIATE SEVERANCE PACKAGE WITH AN EMPLOYER CLOSING A FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Boldin President | 10 | $8,259 | |
Bruce Zdroik Vice President | 7 | $4,148 | |
Todd Hanneman Vice President | 7 | $12,348 | |
Kathleen Sailer Recording Secretary | 7 | $5,294 | |
Philip Grych Treasurer | 7 | $4,426 | |
William Hoff Ex Board | 2 | $645 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $129,864 |
| Membership dues | $0 |
| Investment income | $788 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,491 |
| Total Revenue | $137,143 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,610 |
| Salaries, other compensation, and employee benefits | $74,569 |
| Professional fees and other payments to independent contractors | $18,615 |
| Occupancy, rent, utilities, and maintenance | $16,976 |
| Printing, publications, postage, and shipping | $581 |
| Other expenses | $48,902 |
| Total expenses | $164,853 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $298,098 |
| Other assets | $0 |
| Total assets | $419,245 |
| Total liabilities | $1,988 |
| Net assets or fund balances | $417,257 |